Verdagy

● Recently verified Last updated: Jun 25, 2026 Data last verified: Jun 25, 2026

Verdagy: $850M valuation, IPO Readiness 49, Series C. Verdagy builds electrolyzer technology for producing green hydrogen at industrial scale, using electricity and. Track live on The IPO Stack.

Series CClimate & Energyprivate
49
/100
IPO Readiness Score
Grade D — Early Stage
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
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Verdagy builds electrolyzer technology for producing green hydrogen at industrial scale, using electricity and water to produce carbon-free hydrogen for heavy industry, transportation, and chemical manufacturing. Valued at 400M USD with 100M raised, Verdagy is scaling its electrolyzer stacks for multi-MW deployments at industrial sites. Major energytech IPO candidate as green hydrogen production scales to meet demand from hard-to-electrify industries.

Valuation
$850M
Total Funding
$400M
Stage
Series C
Sector
Climate & Energy
Headquarters
Moss Landing, CA
CEO
Marty Neese
IPO Status
private

Funding History

Round Amount Date Lead Investors
Series C $50M Sep 2023 Breakthrough Energy Ventures, Mitsubishi Heavy Industries
Series B $25M Jun 2022 Mitsubishi Heavy Industries, Breakthrough Energy Ventures
Series A $25M Jul 2021 Prelude Ventures, Breakthrough Energy Ventures
Seed $4M Sep 2020 Breakthrough Energy Ventures
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Track Verdagy IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Verdagy going public? +

Verdagy has not publicly announced IPO plans. Track TechStackIPO for the latest signals and subscribe to The IPO Stack for weekly updates.

What is Verdagy's current valuation? +

Verdagy is valued at $850M as of September 2023. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Verdagy before IPO? +

Accredited investors can access Verdagy shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Verdagy's IPO Readiness Score? +

Verdagy scores 49/100 (Grade: D) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Verdagy raised? +

Verdagy has raised $400M in total venture capital and private equity funding, with backing from Breakthrough Energy Ventures, Mitsubishi Heavy Industries, Prelude Ventures.

Who are Verdagy's key investors? +

Verdagy's notable investors include Breakthrough Energy Ventures, Mitsubishi Heavy Industries, Prelude Ventures. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Verdagy in? +

Verdagy is a Climate & Energy company. Verdagy builds electrolyzer technology for producing green hydrogen at industrial scale, using electricity and water to .

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